1) Slut
Slutting is attacking people and losing them for money.
You are going to need medical items to get out of the hospital.
http://www.torn.com/imarket.php You can buy them at the item market.
Morphine -100 mins Hospital time, + 15% life.
First aid kit -50 mins Hospital time, + 7.5% life.
Small first aid kit -20 mins hospital time, + 3.25% life.
You can find many offers in the attacking thread.
http://www.torn.com/forums.php#!p=forums&f=59&b=0&a=0
2) Buy Bits n Bobs items and sell them
The items are very cheap and sell for a much higher price. So bulk buy and save them up till you have 1000+. Then advertise in trade chat.
http://www.torn.com/shops.php?step=bitsnbobs
http://www.torn.com/imarket.php Check their current prices on the item market.
3) Train and power level to level 15
When you're level 15, you can travel which is very important. You will be able to buy items overseas and sell them back in Torn for a profit. You can also rehab to get rid of your drug addiction.
http://www.torn.com/forums.php#!p=threads&f=61&t=15927057&b=0&a=0 Here is a list of leveling targets developed by Hank [1732212]
4) Flower/Plushie Run
Once you can travel, buy and sell flowers/plushies. You can buy a large suitcase which allows you to carry 4 more items.
http://www.torn.com/forums.php?p=threads&f=61&t=15927411&b=0&a=0 a flower running guide by kpcslor [1557404]
5) Rent a PI and buy a bazaar
Once you have enough money, you should a bazaar (cost 250 points). A bazaar is very useful, you can list items you want to sell with the price and quantity. When you can afford to, rent a PI with an airstrip. The airstrip reduces flying times by 30% and allows you to carry 10 more items. You must hire a pilot for the airstrip to take effect.
6) IRC
IRC is a great place to chat and win lottos/giveaways.
https://www.torn.com/irc/lightIRC/index.html Torn's Official IRC client
http://www.torn.com/forums.php#!p=threads&f=61&t=15925195&b=0&a=0 How to use IRC Guide
http://www.torn.com/forums.php#!p=forums&f=14&b=0&a=0 IRC General Forum
7) Donator Pack
After renting a PI and buying a bazaar. You will need donator status which comes from using a donator pack. You can obtain them by buying them from the item market using in game money or buying them with real life cash. Donator status gives you a cap of 150 energy and you regenerate energy every 10 minutes instead of 15.
Useful Guides
http://www.torn.com/forums.php?p=threads&f=61&t=15927204&b=0&a=0 Training Guide by Hank [1732212]
http://www.torn.com/forums.php?p=threads&f=61&t=15928248&b=0&a=0 Nerve Guide by Nash [1825532]
http://www.torn.com/forums.php?p=threads&f=61&t=15926091&b=0&a=0 Easy Merits Guide by Tempest [1867527]
http://www.torn.com/forums.php?p=threads&f=61&t=15935841&b=0&a=0 Honors & Medals Guide by SPADES- [1758158]
http://www.torn.com/wiki/Beersteins_Guide_to_Making_Money Money Making Guide
http://www.torn.com/forums.php?p=threads&f=61&t=15926872&b=0&a=0 Ways to Protect Cash by YNMK [1877410]
http://www.torn.com/forums.php?p=threads&f=61&t=15927232&b=0&a=0 The Beginners' Trading Guide by YNMK [1877410]
http://www.torn.com/forums.php?p=threads&f=61&t=15928011&b=0&a=0 Job Interviews - Questions & Answers by Yaz [1575994]
Mentions: Alexstrasza [1825532] · Hank [1732212] · KPCSlor [1557404] · Tempest [1867527] · Yaz [1575994] · YNMK [1877410] · ... · Flower Running Guide · Grave Please · Honors & Medals - A Simple Guide · Job Interviews - Answers & Affronted · Please grave · Teddy's [How to] IRC Guide (Updated 16 Oct 2011) · Tempest's Guide to Easy Merits: Honor Edition · The Beginners' Trading Guide by YNMK · Ways to Protect Cash